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Bitcoin miners face challenges with halved mining rewards, increased difficulty, and competition from ETFs. Marathon Digital and Riot Platforms have seen stock drops amid bitcoin's price surge.
May 28 - With mining rewards halved, mining difficulty elevated and the shiny new bitcoin exchange-traded funds stealing investor capital, it's been a tough year for...
Chesapeake Capital Corp IL purchased a new stake in Iris Energy Limited (NASDAQ:IREN – Free Report) in the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor purchased 30,978 shares of the company’s stock, valued at approximately $221,000. Several other large investors also recently made changes to their […]
Iris Energy Limited (NASDAQ:IREN – Free Report) – Equities research analysts at HC Wainwright decreased their FY2024 earnings estimates for Iris Energy in a research note issued on Thursday, May 16th. HC Wainwright analyst M. Colonnese now forecasts that the company will post earnings per share of ($0.01) for the year, down from their previous […]
Cryptocurrencies rallied on Monday night amid a late surge in optimism around SEC decisions on spot ether ETF applications, the first of which is due this week.